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Back 2/35 Seagull Ave
Off Market

2/35 Seagull Ave

Mermaid Beach QLD 4218

2
1
Block of units
Guy PowellGuy Powell, last sold this property on 03 February 2020 after -1 days on market.

Overview

POTENTIAL TO SECURE BEACHSIDE UNITS IN PREMIER LOCATION

Not often do opportunities like this present themselves to market where you can potentially secure an entire building in a premier lifestyle location in one of the Gold Coast's most sort after beachside suburbs. Immersed in the charming village ambience and currently comprising of four income producing flats, while set perfectly on a 405m2 beachside block with 12.6m street frontage. Maximise the building footprint and utilise the full scope of the building envelope to create an impressive statement on the beachside landscape with a designer masterpiece or retain the two storey building for passive returns. A choice of Mermaid Beach's popular cafes is literally a meander away. Located a short walk from the beach and situated just 200m from Nobby's Beach Surf Club, and less than 250m from the vibrant Nobby Beach Village precinct, with an abundance of cafes, restaurants, boutiques and bars and only 250m from public transport. - Block of four income producing units - Unit 1 - 2 bed 1 bath 1 car currently leased until 30/10/20 @ $340* pw - Unit 2 - 2 bed 1 bath currently leased until 5/2/20 @ $280* pw - Unit 3 - 3 bed 1 bath 1 car currently leased until 19/10/20 @ $380* pw - Unit 4 - 2 bed 1 bath 1 car currently vacant - previously leased at $340* pw - Current structure is circa 1974 and in original condition - Ripe for redevelopment, build a new beachside masterpiece or luxury duplex pair** - Flat level block 405m2* with 12.6m* street frontage - Gross rental return $1,340* per week or Approx $69,680* pa - Combined GCCC rates Appox, $4,700* (1 July - 31 December 2019) - Combined GCCC water rates Approx $1,120* (per quarter) - 200m* from Nobby's Beach Surf Life Saving Club - 250m* from the vibrant Nobby Beach Village precinct - 250m* from public transport and the proposed stage 3A light rail station. Redevelopment under the current town plan is classed under Medium density residential, Zoned RD5 - 1 bed per 50m2 net site area with the building height 3 storey (up to 15 metres). To satisfy your due diligence, we recommend calling Town Planning at Gold Coast City Council on 07 5582 8211 or consult a local town planner. Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. * Approximately ** Subject to council approval

Features

2 bedrooms
1 bathroom
Block of units

Estimated Value

We need at least 3 similar 2 bedroom block of units sold in Mermaid Beach over the last 12 months.

Property history for 2/35 Seagull Ave

2024
Rented
Undisclosed
Leased on 16 Apr 2024 by Raine & Horne Onsite Sales
2021
Rented
Undisclosed
Leased on 09 May 2021 by Raine & Horne Onsite Sales
2020
Sold
Undisclosed
Private Sale/Treaty on 03 Feb 2020 by Guy Powell, of Coastal Broadbeach

Happy sellers in Mermaid Beach

89%
89% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 61 reviews in Mermaid Beach over the last 12 months.

Local market activity for 2 bedroom block of units in Mermaid Beach

In the last 12 months, 1 two-bedroom block of units similar to 2/35 Seagull Ave, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mermaid Beach

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Trent Hones

Trent Hones is an award winning recommended agent for Mermaid Beach.  They have 25 local sales and collected 18 local reviews across the last 12 months.

  •   5   (117 reviews)
  •  18 Reviews in Mermaid Beach
  •  25 Sales in Mermaid Beach
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Guy Powell

Sellers who recommend Guy Powell have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and easy to work with

  •   5   (314 reviews)
  •  9 Reviews in Mermaid Beach
  •  10 Sales in Mermaid Beach
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Paulette Koriacos

Paulette Koriacos is a recommended agent for Mermaid Beach.  They have 5 local sales and collected 5 local reviews across the last 12 months.

  •   5   (31 reviews)
  •  5 Reviews in Mermaid Beach
  •  5 Sales in Mermaid Beach
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Gypsea Youngsmith

Gypsea Youngsmith is a recommended agent for Mermaid Beach.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (30 reviews)
  •  5 Reviews in Mermaid Beach
  •  2 Sales in Mermaid Beach
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